Communications services companies rose as traders chased gains in some of the fastest-rising stocks of 2024.

Netflix shares rose almost 3% to top $600 for the first time since the pandemic lockdowns.

Zoom Video Communications, another pandemic-era darling, rose 8% to top $68, but the video-conferencing software maker's shares are still a fraction of their value at the 2020 peak.

Sean Bailey, who has overseen live-action movies for Walt Disney's namesake studio since 2010, will step down.

Write to Rob Curran at

(END) Dow Jones Newswires

02-27-24 1722ET